6 7.14 points Exercise 17-5 (Algo) Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. 00:57:07 Sales Cost of goods sold Skipped Operating expenses eBook Common-Size Percents Trend Percents Current Year 100.0% 63.1 14.3 1 Year 2 Years Current 1 Year 2 Years Ago 100.0% 60.9 13.8 Ago 100.0% 57.3 14.1 Year Ago 104.4% 103.2% 115.0 105.9 109.7 101.0 Ago 100.0% 100.0 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Hint Change in Net Income Net Income Print Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what is net income in each year? (Enter all amounts as positive values.) Current Year 1 Year Ago 2 Years Ago References Sales $ 100,000 Cost of Goods Sold 57,300 Operating Expenses 14,100 Net Income 28,600 < Change in Net Income Net Income